Acme Packet Bounces Back; Up 6% (APKT)

Acme Packet APKT is one to watch today. This stock was the best performing mid-cap name in 2010, and has been extremely volatile in recent days. In the last 5 trading sessions, APKT is down 9% as a vicious sell-off hit the cloud space over the last couple of days. The stock is doing its best, however, to reverse those losses and those that hung on amid the recent correction are being rewarded on Friday. The stock has jumped 6.68% in early trading and is currently sitting at its highs of the day. Acme Packet, Inc., incorporated provides session border controllers (SBCs) that enable service providers, enterprises, government agencies and contact centers to deliver interactive communications, such as voice, video and other real-time multimedia sessions, across Internet protocol (IP) network borders.